A person has Rs.30 lakhs income from salary from his company. He also receives Rs.25 lakhs for the professional services he lent. Can he still avail presumptive taxation benefit for the 50% of Rs.25 lakhs ? His income from profession is still 25 lakhs while his gross total income is 55 lakhs now.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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